Web analytics tools and web metrics tools: An overview and comparative analysis

The aim of the paper is to compare and analyze the impact of web analytics tools for measuring the performance of a business model. Accordingly, an overview of web analytics and web metrics tools is given, including their characteristics, main functionalities and available types. The data acquisitio...

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Main Authors: Ivan Bekavac, Daniela Garbin Praničević
Format: Article
Language:English
Published: Croatian Operational Research Society 2015-10-01
Series:Croatian Operational Research Review
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=218174
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author Ivan Bekavac
Daniela Garbin Praničević
author_facet Ivan Bekavac
Daniela Garbin Praničević
author_sort Ivan Bekavac
collection DOAJ
description The aim of the paper is to compare and analyze the impact of web analytics tools for measuring the performance of a business model. Accordingly, an overview of web analytics and web metrics tools is given, including their characteristics, main functionalities and available types. The data acquisition approaches and proper choice of web tools for particular business models are also reviewed. The research is divided in two sections. First, a qualitative focus is placed on reviewing web analytics tools to exploring their functionalities and ability to be integrated into the respective business model. Web analytics tools support the business analyst’s efforts in obtaining useful and relevant insights into market dynamics. Thus, generally speaking, selecting a web analytics and web metrics tool should be based on an investigative approach, not a random decision. The second section is a quantitative focus shifting from theory to an empirical approach, and which subsequently presents output data resulting from a study based on perceived user satisfaction of web analytics tools. The empirical study was carried out on employees from 200 Croatian firms from either an either IT or marketing branch. The paper contributes to highlighting the support for management that available web analytics and web metrics tools available on the market have to offer, and based on the growing needs of understanding and predicting global market trends.
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spelling doaj.art-8fba66b84a404abc933be8487780da582022-12-22T03:15:12ZengCroatian Operational Research SocietyCroatian Operational Research Review1848-02251848-99312015-10-016237338610.17535/crorr.2015.0029Web analytics tools and web metrics tools: An overview and comparative analysisIvan Bekavac0Daniela Garbin Praničević1Faculty of Economics Split, University of Split, Split, CroatiaFaculty of Economics Split, University of Split, Split, CroatiaThe aim of the paper is to compare and analyze the impact of web analytics tools for measuring the performance of a business model. Accordingly, an overview of web analytics and web metrics tools is given, including their characteristics, main functionalities and available types. The data acquisition approaches and proper choice of web tools for particular business models are also reviewed. The research is divided in two sections. First, a qualitative focus is placed on reviewing web analytics tools to exploring their functionalities and ability to be integrated into the respective business model. Web analytics tools support the business analyst’s efforts in obtaining useful and relevant insights into market dynamics. Thus, generally speaking, selecting a web analytics and web metrics tool should be based on an investigative approach, not a random decision. The second section is a quantitative focus shifting from theory to an empirical approach, and which subsequently presents output data resulting from a study based on perceived user satisfaction of web analytics tools. The empirical study was carried out on employees from 200 Croatian firms from either an either IT or marketing branch. The paper contributes to highlighting the support for management that available web analytics and web metrics tools available on the market have to offer, and based on the growing needs of understanding and predicting global market trends.http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=218174web analytics toolsweb metricsuser satisfactionbusiness modelssurvey of the IT and marketing sectors in Croatia
spellingShingle Ivan Bekavac
Daniela Garbin Praničević
Web analytics tools and web metrics tools: An overview and comparative analysis
Croatian Operational Research Review
web analytics tools
web metrics
user satisfaction
business models
survey of the IT and marketing sectors in Croatia
title Web analytics tools and web metrics tools: An overview and comparative analysis
title_full Web analytics tools and web metrics tools: An overview and comparative analysis
title_fullStr Web analytics tools and web metrics tools: An overview and comparative analysis
title_full_unstemmed Web analytics tools and web metrics tools: An overview and comparative analysis
title_short Web analytics tools and web metrics tools: An overview and comparative analysis
title_sort web analytics tools and web metrics tools an overview and comparative analysis
topic web analytics tools
web metrics
user satisfaction
business models
survey of the IT and marketing sectors in Croatia
url http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=218174
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